Merchant processor Square Inc. is seeking a piece of the booming payment card business in New York City taxicabs, a market that is currently the exclusive domain of VeriFone Systems Inc. and another company that provide TV content and card acceptance to 13,237 cabs. San Francisco-based Square is proposing to …

  n San Francisco-based Square posted a notice for a “Square U Representative” position last month on its Web site and has put out reminders about it this month through Twitter as well as a feature story about it on its Facebook page. The job posting indicates the position is …

Square Inc. on Wednesday introduced an enhancement to its Card Case wallet application that detects when a user is near a participating store and automatically links the user’s phone to the store’s Square account. By relying on this method, which the San Francisco startup calls automatically opening a tab, the …

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  By Jane Adler   Rightly or wrongly, lots of investors are mesmerized by the high-profile startup Square. But it’s not the only newbie transforming the payments industry as venture-capital firms scramble to find the next big idea.       Some startup companies get all the attention.   The …

  n n n n Inner Fence refers applicants to its ISO partner, Dublin, Ohio-based Merchant Focus Inc., for merchant accounts. The service uses the Authorize.net gateway for access to the payment networks. Merchants pay a $25 monthly fee, plus 24 cents and 1.74% to 3.79% of the sale, depending …

Intuit Inc. on Monday dropped flat transaction fees for its GoPayment mobile-payments service just over two months after Square Inc. did the same thing, an indication that a price war could be breaking out between two of the major companies competing for brand-new and small businesses that use smart phones …

Square Inc. has been the mobile-payments darling of Silicon Valley because of its association with social-network superstar Jack Dorsey, the co-founder of Twitter. On Wednesday, however, the San Francisco-based startup gained the ultimate stamp of approval from the payments establishment when it disclosed that Visa Inc., the world’s largest payment …

VeriFone Systems Inc. fired a blast at rival mobile-payments provider Square Inc. on Wednesday and sustained some powder burns in the process, but the leading U.S. point-of-sale terminal maker nonetheless may have brought some legitimate concerns about Square’s security into the open, according to at least one analyst. By Thursday, …

After taking a time out in June to resolve problems ranging from a parts shortage to merchant underwriting, the new payment service Square Inc. is about to commercially distribute its cube-shaped card readers for smart phones. Chief executive officer Jack Dorsey, co-founder of the Twitter social network, told attendees at …